Tag: banking

US-listed Chinese companies’ secondary listings may not be enough to secure Hong Kong’s lead as global IPO hub amid keen competition from Shanghai. ( read original story ...)

Hong Kong shares slid on Friday after the U.S. Senate passed a bill to sanction people and companies it considers helping China to restrict the territory’s autonomy, with fresh global outbreaks of ... ( read original story ...)

Asian stock markets have followed Wall Street higher after U.S. regulators removed some limits on the ability of banks to make investments ... ( read original story ...)

U.S. stocks closed solidly higher Thursday, recovering a chunk of Wednesday’s ugly loss, ahead of a key update of the banking sector from the Federal Reserve. ( read original story ...)

China's central bank on Tuesday issued 10 billion yuan ($1.41 billion) of bills in Hong Kong with a coupon of 2.21 percent. The issuance was widely welcomed by overseas investors, with banks, central ... ( read original story ...)

Even seasoned bankers and real estate investors, honed by past financial markets and health crises, are no match for the calamity brought by the US-China trade war and the coronavirus pandemic. ( read original story ...)

As one of the leading financial hubs in the world, Hong Kong is moving at pace to embrace the concept of open banking. Despite COVID-19 derailing momentum—triggered by rising business continuity ... ( read original story ...)

Hong Kong’s total bank deposits jumped 0.8 per cent in April, their most significant growth in six months, as hot money flowed into the city’s economy to capture new listings and other ... ( read original story ...)

Asian credit and Hong Kong stocks are among the best buys for investors this year, and the region is set to benefit from a falling U.S. dollar, Credit Suisse said on Tuesday. ( read original story ...)

While not as exposed to Hong Kong as HSBC, the territory is nevertheless Standard Chartered’s biggest market. StanChart Profits Of the $2.4 billion in underlying pretax profits made by the bank ... ( read original story ...)

Ahead of Thursday's holiday for the Dragon Boat Festival, the Hong Kong stock market had alternated between positive and negative finishes through the last five trading days since the end of the ... ( read original story ...)

The Senate passed a bill Thursday that would allow the U.S. to penalize companies that assist the Chinese government in suppressing Hong Kong's independence from Beijing, following China's enactment ... ( read original story ...)

What makes a successful financial centre? A deep capital pool, convertible currency, low tax rates, and good infrastructure all count. Yet something else is needed, too: confidence in the rule of law ... ( read original story ...)

Hong Kong’s Stephen Chow, director of Kung Fu Hustle, has mortgaged his property on The Peak for a loan from JPMorgan Chase. ( read original story ...)